Full-Time

Vice President

Finance

Posted on 8/27/2024

Strata Decision Technology

Strata Decision Technology

201-500 employees

Financial planning and analytics software provider

Consulting
Enterprise Software
Healthcare

Senior, Expert

Chicago, IL, USA + 1 more

More locations: St. Louis, MO, USA

Hybrid environment with flexibility to work from home.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
Requirements
  • CPA and/or MBA are preferred
  • Proven ability to accurately summarize analysis with relevant points for executive presentations
  • Proven track record of developing and implementing successful pricing strategies that drive growth.
  • Comfortable working in a lean, dynamic, informal, multi-functional organization with high expectations
  • Ability to work effectively under tight deadlines and deliver timely and quality results with a focus on accuracy and integrity of data
  • Self-motivated and demonstrated ability to work and think independently, interpret and exercise professional judgment, creatively problem solve
  • Excellent interpersonal skills and a core understanding of the importance of collaboration
  • Experience in the software industry is preferred
Responsibilities
  • Build and mentor a high-performing FP&A team, fostering a culture of collaboration, innovation, and continuous improvement.
  • Provide leadership and guidance to team members, empowering them to excel in their roles and achieve departmental objectives.
  • Perform complex financial analysis to enable data-driven decision making across the organization including working with other departments as they develop strategies, establish objectives, and make decisions that could have a financial impact on the business
  • Aid the CFO and Executive Team in the creation of the financial forecast and annual budget by developing robust forecasting models incorporating historical data, market trends, and business insights
  • Conduct variance analysis to identify key drivers impacting revenue performance and provide actionable recommendations to drive improvement
  • Meet with management team members to review progress against the financial plan and performance of departmental activities
  • Develop and maintain comprehensive dashboards and reporting tools to track key revenue and margin metrics and performance indicators, with forecast accuracy as a key measure.
  • Collaborate closely with product management, sales, marketing, and finance teams to ensure alignment between pricing strategy and overall business goals including analyzing the impact of different pricing strategies on key business metrics and recommend pricing structures to optimize pricing across all products.
Strata Decision Technology

Strata Decision Technology

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Strata Decision Technology provides financial planning, analytics, and performance management software primarily for the healthcare sector. Their main product, StrataJazz, is a platform that assists organizations with budgeting, forecasting, and cost accounting. It helps clients make informed financial decisions, improve operational efficiency, and reduce costs, particularly in the face of rising expenses in labor, drugs, and supplies. Strata serves over 2,300 clients across healthcare, higher education, and finance, leveraging insights from a broad user community to enhance their offerings. Unlike many competitors, Strata focuses specifically on the unique financial challenges of healthcare organizations, ensuring that their tools directly support patient care and organizational sustainability. The company's goal is to be a trusted partner in enhancing financial planning and performance management, ultimately driving better financial outcomes for their clients.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for outpatient services boosts opportunities for Strata's financial planning solutions.
  • Integration of AI in financial services enhances Strata's offerings in this sector.
  • Focus on CDI and UM aligns with Strata's emphasis on financial efficiency.

What critics are saying

  • Decline in bariatric surgeries impacts hospital margins, affecting demand for Strata's solutions.
  • Rising drug and supply costs threaten hospital budgets for financial planning software.
  • Integration challenges may arise from the acquisition of Syntellis by Roper Technologies.

What makes Strata Decision Technology unique

  • Strata's SaaS model ensures continuous updates and improvements for clients.
  • StrataJazz offers comprehensive financial planning and analytics for healthcare organizations.
  • Strata's solutions address unique financial challenges in the healthcare industry.

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